Vinyl Acetate Monomer Market is Estimated to Grow at a CAGR of 5.75% by 2030 | ChemAnalyst
According to ChemAnalyst report, “ Vinyl Acetate Monomer Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030” Vinyl Acetate Monomer registered demand of 5.2 million tonnes in 2020 and is projected to increase to 9.097 million tonnes by 2030, growing with a healthy CAGR of 5.75 percent through 2030. VAM is a petrochemical that is used to make PVA, EVA co-polymers, vinyl acrylic co-polymers, acrylic fibres, and other products. The growing demand for Vinyl Acetate Monomer in paints & coatings, adhesives and polymers is expected to drive the Vinyl Acetate Monomer market in the upcoming years. The reaction of upstream Ethylene and Acetic Acid with Oxygen in the presence of a Palladium catalyst is used as an industrial manufacturing process for Vinyl Acetate Monomer. Read Full Report Here @ https://www.chemanalyst.com/industry-report/vinyl-acetate-monomer-market-605